BitShares Forum

Other => Graveyard => Keyhotee => Topic started by: Gekko on December 25, 2013, 11:12:02 am

Title: How many Founder IDs have been registered?
Post by: Gekko on December 25, 2013, 11:12:02 am
Now that founder registration deadline is reached...
Title: Re: How many Founder IDs have been registered?
Post by: 029xue on December 25, 2013, 12:27:17 pm
Curious also.
Title: Re: How many Founder IDs have been registered?
Post by: cass on December 25, 2013, 06:17:33 pm
i guess we get this info, when genisis block is public- correct me if iam wrong
Title: Re: How many Founder IDs have been registered?
Post by: xeroc on December 25, 2013, 08:23:51 pm
Yepp. Lets see how many there are
Title: Re: How many Founder IDs have been registered?
Post by: bytemaster on December 25, 2013, 08:33:08 pm
We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.
Title: Re: How many Founder IDs have been registered?
Post by: rysgc on December 25, 2013, 08:53:35 pm
Wow that's a lot of names , any news on collisions yet?
Title: Re: How many Founder IDs have been registered?
Post by: threepoint14 on December 25, 2013, 09:11:40 pm
We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.

If everyone paid that is worth at least $100K for Invictus to develop Keyhotee.  If they can sell $100K worth of PTS without crashing the market.
Title: Re: How many Founder IDs have been registered?
Post by: Lighthouse on December 26, 2013, 05:31:33 am
We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.

If everyone paid that is worth at least $100K for Invictus to develop Keyhotee.  If they can sell $100K worth of PTS without crashing the market.

They don't need to sell them, they should be paying bounties in PTS
Title: Re: How many Founder IDs have been registered?
Post by: oco101 on December 26, 2013, 05:38:00 am
We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.

If everyone paid that is worth at least $100K for Invictus to develop Keyhotee.  If they can sell $100K worth of PTS without crashing the market.

They don't need to sell them, they should be paying bounties in PTS

Right, except not everybody wants to be paid in PTS for now.
Title: Re: How many Founder IDs have been registered?
Post by: bytemaster on December 26, 2013, 05:41:29 am

We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.

If everyone paid that is worth at least $100K for Invictus to develop Keyhotee.  If they can sell $100K worth of PTS without crashing the market.

They don't need to sell them, they should be paying bounties in PTS

Not all developers work for bounties or pts.  Most developers have bills to pay and those who want rapid development must understand that bounties don't get it done.




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Title: Re: How many Founder IDs have been registered?
Post by: Lighthouse on December 26, 2013, 05:43:29 am

We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.

If everyone paid that is worth at least $100K for Invictus to develop Keyhotee.  If they can sell $100K worth of PTS without crashing the market.

They don't need to sell them, they should be paying bounties in PTS

Not all developers work for bounties or pts.  Most developers have bills to pay and those who want rapid development must understand that bounties don't get it done.




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Is it the bounty structure or just trying to do things too fast?  Bounties will take time, but you pay for results whereas to this point Invictus has had trouble hiring talent on spec and finding they don't deliver.  Have you changed hiring practices, or do you disagree with this assessment?
Title: Re: How many Founder IDs have been registered?
Post by: bytemaster on December 26, 2013, 05:55:36 am
I want to pay for results but most developers want paid by the hour.   How is that armory wallet bounty going? 

For bounties to work well requires a very generous bounty.  I hope that with angel shares I can start using generous bounties.   

Also you want to retain talent and not have it disappear after the bounty is won like free trade did with pts.

We will find solutions. 


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Title: Re: How many Founder IDs have been registered?
Post by: Stan on December 26, 2013, 06:05:44 am
I want to pay for results but most developers want paid by the hour.   How is that armory wallet bounty going? 

For bounties to work well requires a very generous bounty.  I hope that with angel shares I can start using generous bounties.   

Also you want to retain talent and not have it disappear after the bounty is won like free trade did with pts.

We will find solutions. 


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Bounties serve as a decentralization mechanism and a potential on-ramp to full time employment.  We need to be flexible and use the right tool for each situation.
Title: Re: How many Founder IDs have been registered?
Post by: Gekko on January 06, 2014, 07:28:59 am
From the newsletter:

There are about 340 official Keyhotee Founders who actually funded the IDs they registered. Their
total donations, converted to USD on December 24 (BTC at $658.36 and PTS at $12.78) amounted to
$71,484.34. We counted those donations as the first AngelShares auction, so Founder’s received about
1.8 AngelShares per ProtoShare donated. The remaining 199 auctions are for the public.